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Important Changes to UPI Guidelines Effective April 1: What You Need to Know
The National Payments Corporation of India (NPCI) is introducing significant changes to the Unified Payments Interface (UPI) guidelines, effective April 1. Mobile numbers linked to inactive UPI accounts may be removed, requiring users to update their records to continue using their UPI services.
Lead: The National Payments Corporation of India (NPCI) has announced new UPI guidelines that will take effect on April 1, 2025. These changes aim to streamline the use of UPI by removing mobile numbers that have become inactive over time. Users of UPI-powered apps such as Paytm, Google Pay, and PhonePe need to be aware of these updates to avoid disruptions in their payments.
Understanding the New UPI Changes
– Effective Date: April 1, 2025.
– Impacted Users: Those with inactive mobile numbers linked to UPI apps.
– Reason: To enhance the efficiency and functionality of UPI services.
Consequences of Inactive Mobile Numbers
If your mobile number linked to a UPI app is deemed inactive, it may be unlinked from your bank account, which can lead to the temporary suspension of your UPI transactions. An inactive mobile number can hinder the seamless operation of UPI services.
Requirements for Banks and Payment Service Providers
Banks and payment service providers (PSPs) are mandated to update their databases to remove inactive or recycled mobile numbers by March 31, 2025. Usage of the Mobile Number Revocation List (MNRL) and the Digital Intelligence Platform (DIP) will help identify such numbers:
– **Mobile Number Revocation List (MNRL)**: A digitally signed list of permanently disconnected mobile numbers, updated monthly by the Telecom Regulatory Authority of India (TRAI).
– **Digital Intelligence Platform (DIP)**: A platform to facilitate real-time data sharing among telecom operators, law enforcement, financial institutions, and social media platforms.
Who Will Be Affected?
Three categories of users may need to set up their UPI services again after April 1:
– Individuals who haven’t updated their bank records after changing their mobile numbers.
– Users maintaining an inactive or recycled mobile number linked to UPI.
– Those who have surrendered their mobile SIMs without updating their bank records.
How to Ensure Continued UPI Service
To avoid issues with UPI services after March 31, here are two key actions to take:
– Ensure that the mobile number linked to your UPI account is currently active.
– Update your bank records with your current mobile number.
Conclusion: Staying informed about the NPCI’s new UPI guidelines is crucial to avoid disruptions in your payment services. By ensuring that your mobile number is active and correctly registered, you can continue to enjoy seamless transactions via UPI.
Keywords: UPI guidelines, NPCI changes, mobile numbers, Unified Payments Interface, payment service providers, inactive accounts, digital payments.
Hashtags: #UPI #DigitalPayments #NPCI #FinancialInclusion #BankingNews
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